Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Houghton Lake Dr Houghton Lake, MI 48629

    Sponsored
    For Sale
    $119,900

    Prime 1-acre commercial lot, high traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 1-acre commercial land parcel presents a remarkable opportunity for business development in the thriving Houghton Lake, Michigan market. Located on West Houghton Lake Drive (M-55), a major thoroughfare connecting Houghton Lake and Prudenville, this property boasts high visibility and significant traffic flow, ensuring maximum exposure for any new venture. The lot is conveniently level, and a curb cut is already installed, simplifying the construction process. Essential utilities are readily available, including city sewer, natural gas, phone lines, and high-speed internet access. A Phase I Environmental assessment was completed several years ago, and the Township Lighting Escrow has been fully paid, eliminating potential future expenses. The property's Commercial zoning permits a wide range of business uses, making it an ideal location for entrepreneurs seeking a strategic advantage in a bustling community. The parcel is identified by APN 003-205-089-1000 and is owned by an LLC. This is a turnkey opportunity to establish a successful business in a prime location with all the necessary infrastructure in place. The asking price is $119,900. Don't miss this chance to secure a piece of Houghton Lake's vibrant commercial landscape.

    Property Features for 0 Houghton Lake Dr

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1‑acre commercial lot in Houghton Lake, MI, on M‑55 with high visibility and traffic.
    • Level lot with existing curb cut, city sewer, natural gas, phone, and high‑speed internet.
    • Completed Phase I environmental assessment and paid Township Lighting Escrow.
    • Commercially zoned, APN 003‑205‑089‑1000, owned by LLC.
    • Asking price: $119,900.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Houghton Lake
    County
    Roscommon
    State
    Michigan
    Longitude
    -84.7338646
    Latitude
    44.2981243

    Nearby Similar for Sale

    • $1,190,000
      6,476 SF

      Houghton Lake Waterfront Cabin Resort

      Lakefront cabin resort on Houghton Lake with multiple residences.
      10913 E Houghton Lake Dr, Houghton Lake, MI 48629
      View Details
    • $319,900
      2,680 SF

      Houghton Lake Commercial Building

      Commercial building with operatory rooms, ideal for medical or office use.
      9252 W Lake City Rd, Houghton Lake, MI 48629
      View Details
    • $1,190,000
      6,476 SF

      Houghton Lakefront Cabin Resort Opportunity

      Lakefront cabin resort on Houghton Lake with multiple residences.
      10913 E Houghton Lake Dr, Houghton Lake, MI 48629
      View Details
    • $249,900
      3,500 SF

      Houghton Lake Mixed-Use Opportunity

      Mixed-use property with multiple potential uses in Houghton Lake.
      1070 W Houghton Lk Rd, Houghton Lake, MI 48651
      View Details
    • New
      $250,000
      1,890 SF

      Houghton Lake Commercial Opportunity

      Commercial property with established HVAC business for sale in Houghton Lake.
      317 Cherry St, Houghton Lake, MI 48629
      View Details
    • $170,000

      Houghton Lake Duplex Investment Opportunity

      Duplex with rental history near Houghton Lake shores and amenities.
      5407 W Houghton Lake Dr, Houghton Lake, MI 48629
      View Details
    • $375,000
      6,000 SF

      Established Retail Business Opportunity

      Profitable retail business for sale at a busy intersection.
      8979 W Houghton Lake Dr, Houghton Lake, MI 48629
      View Details
    • $95,000
      0.16 Acres

      Houghton Lake Storage Opportunity

      Versatile storage space for personal and business use.
      317 Cherry St, Houghton Lake, MI 48629
      View Details
    • $545,000
      3,828 SF

      Houghton Lake Office Building For Sale

      Office building in Houghton Lake, MI with long-term lease.
      2255 S Tower Hill Rd, Houghton Lake, MI 48629
      View Details
    • $545,000

      Houghton Lake Commercial Opportunity

      Commercial property with long-term lease in Houghton Lake, MI.
      2255 S Tower Hill Rd, Houghton Lake, MI 48629
      View Details
    • $299,900
      10,180 SF

      Hardware Store on M-55

      Established hardware store with excellent visibility and ample space for sale.
      6231 W Houghton Lake Dr, Houghton Lake, MI 48629
      View Details
    • $93,000
      1,260 SF

      Commercial Space in Houghton Lake

      Commercial space in the heart of Houghton Lake, Michigan.
      4680 W Houghton Lake Dr, Houghton Lake, MI 48629
      View Details

    FAQs

    What type of property is this?
    Land - Prime 1-acre commercial lot, high traffic location.
    Where is this land located?
    The property is located at Houghton Lake Dr Houghton Lake, MI.
    What is the asking price?
    The asking price for this property is $119,900.
    What are key features of this property?
    This property features: 1-acre commercial lot in Houghton Lake, MI, on M-55 with high visibility and traffic.; Level lot with existing curb cut, city sewer, natural gas, phone, and high-speed internet.; Completed Phase I environmental assessment and paid Township Lighting Escrow.
    Request Owner's contact information
    Houghton Lake Dr Houghton Lake, MI 48629
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Houghton Lake Dr
    Houghton Lake, MI 48629
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Houghton Lake Dr Houghton Lake, MI 48629
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.